Michael Saylor‘s Strategy (Nasdaq: MSTR), née MicroStrategy, finally bought Bitcoin (BTC) for the first time after a gap of two months. The company announced on Aug. 31 that it purchased 4,603 BTC for $369.7 million during Aug. 24-30. Related: Elon Musk has 9-word response to quantum computing race The last time Strategy bought Bitcoin was…
By Jonathan Stempel Aug 31 (Reuters) – A U.S. judge said the former parent of Silicon Valley Bank cannot pursue a $1.71 billion claim against the FDIC stemming from the bank’s March 2023 collapse, one of the largest U.S. bank failures. In a 206-page decision on Friday, U.S. District Judge Beth Labson Freeman in San…
The dollar index (DXY00) is down by -0.16% today. The dollar is modestly lower today, consolidating below last Friday’s 2-week high. Today’s rally in the Chinese yuan to a 3.5-year high is undercutting the dollar. However, losses in the dollar are limited today as WTI crude oil climbs more than +2% to a 1-week high,…
Strategy (NASDAQ: $MSTR) bought $370 million U.S. of Bitcoin (CRYPTO: $BTC) over the past week. It was the company’s first Bitcoin purchase in two months. Strategy acquired 4,603 Bitcoins at a cost of $369.7 million U.S. The company paid an average price of $80,318 U.S. per BTC. Strategy said that it funded the latest Bitcoin…
When a small business needs to pay its electricity bill or collect payment from a stubborn client, it often encounters the same problem: a tangled mess of manual spreadsheets and paper checks. Bill.com Holdings(NYSE:BILL) replaces that friction with a cloud-based platform that automates accounts payable and receivable for small and mid-sized businesses. The stock, which…
IREN (NASDAQ: IREN) CEO Dan Roberts said a projected $25-$30 billion in AI capital expenditure spending “isn’t an equity number,” according to a post Monday. “The $25-30bn of forecasted FY27 capex isn’t an equity number,” co-founder and co-CEO Daniel Roberts said. “Customer prepayments can cover about half the GPU capex. Lenders can fund most of…
The S&P 500 Index ($SPX) (SPY) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.23%. E-mini S&P futures (ESU26) are down -0.40%, and September E-mini Nasdaq futures (NQU26) are down -0.18%. Stock indices are under pressure today, with the Dow Jones…
Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. With roots dating back to 1868, Scotts Miracle-Gro (SMG) faces a future that hinges on getting a nonchalant Gen Z crowd to pay to fertilize their lawns, just like their proud green-lawn-owning…
Bitcoin (BTC-USD) opened at $77,695.48 on Monday, August 31, 2026, 0.7% lower than Sunday’s opening price. As of 9:06 a.m. ET this morning, the price of bitcoin moved up to $77,999.80. Ethereum (ETH-USD) opened at $2,417.98 on Monday, August 31, 2026, down 1.6% from Sunday’s opening price. The price of ethereum moved higher this morning…
Silver (SI=F) December futures opened at $66.80 per ounce on Monday, August 31, 2026, down 1.4% from Friday’s closing price. Silver rose this morning, reaching $67.84 as of 8:39 a.m. ET. Silver prices have been steadily declining since the start of last week and sank even lower at the open this morning as expectations for…
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